Background

Mr. Thomas N. Clancy, also known as Tom, is a Managing Director at Tao Venture Capital Partners since October 2005. Mr. Clancy formed TAO. Mr. Clancy is an Advisor of Analytics Ventures. Mr. Clancy was a General Partner at Enterprise Partners Venture Capital since October 1999 and served as its Managing Director from January 1998 to September 2005. He was a Venture Partner at Enterprise Partners from February 1997 to October 1999. Prior to joining Enterprise Partners ... in September 1996, he was a Partner at Technical Resource Connection, (now Perot Systems) from February 1996 to August 1996. He was a Partner at TRC Inc., and Vice President of Technology Development for Citicorp. and Transaction Technology, Inc. He served as the Chief Executive Officer at Expersoft from May 1994 to January 1996 and served as its Vice President of Product Marketing from October 1993 to May 1994. He served as a Program Manager of Atm and Kiosk Development at Citibank Na at Citigroup, Inc. From March 1983 to November 1991, Mr. Clancy worked at Citibank in engineering management and product development. He served as President and is a Board Member of the San Diego Venture Group. He has financed various companies. He serves as a Director of Breach Security, Inc. He serves on the Board of a number of private companies. He serves as a Director of Enviance, Inc. He is a Board Member of the San Diego Regional Economic Development Corporation. He is the Chairman of Software San Diego. He serves on the Board of a number of private companies. He served as a Director at ParAccel, Inc. He served as a Director of Stamps.com Inc. (STMP). He served as a Board Member of SupplySolutions, Inc. Mr. Clancy served on the Boards of private and public technology companies including WineDirect and Brightcloud. He served as a Director of NetSift, Inc., Gigabit Optics Corporation, iShip Inc., ecoATM Inc. and Preventsys, Inc. He served as a Director of Active Network, LLC since November 2002. He served as the Chairman of Netsift, Inc. He has more than 30 years of experience as a technology executive, financier, entrepreneur, and an investor in software and services companies. Mr. Clancy received a B.S. in Computer and Systems Engineering from Rensselaer Polytechnic Institute.

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